In the past week, FAAS stock has gone down by -25.55%, with a monthly gain of 27.67% and a quarterly plunge of -58.77%. The volatility ratio for the week is 26.63%, and the volatility levels for the last 30 days are 35.61% for DigiAsia Corp The simple moving average for the last 20 days is -16.89% for FAAS stock, with a simple moving average of -80.34% for the last 200 days.
Is It Worth Investing in DigiAsia Corp (NASDAQ: FAAS) Right Now?
The stock has a 36-month beta value of -0.18.
The public float for FAAS is 3.22M, and at present, short sellers hold a 16.45% of that float. On January 22, 2025, the average trading volume of FAAS was 494.05K shares.
FAAS) stock’s latest price update
DigiAsia Corp (NASDAQ: FAAS)’s stock price has plunge by -10.89relation to previous closing price of 0.75. Nevertheless, the company has seen a -25.55% plunge in its stock price over the last five trading sessions. benzinga.com reported 2024-08-26 that The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies.
FAAS Trading at -3.11% from the 50-Day Moving Average
After a stumble in the market that brought FAAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.21% of loss for the given period.
Volatility was left at 35.61%, however, over the last 30 days, the volatility rate increased by 26.63%, as shares surge +36.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.45% upper at present.
During the last 5 trading sessions, FAAS fell by -25.55%, which changed the moving average for the period of 200-days by -90.01% in comparison to the 20-day moving average, which settled at $0.8061. In addition, DigiAsia Corp saw -10.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FAAS starting from Marepally Bhargava, who purchase 110 shares at the price of $900.00 back on Mar 12 ’24. After this action, Marepally Bhargava now owns 110 shares of DigiAsia Corp, valued at $99,000 using the latest closing price.
Antony Prabhu, the President and CFO of DigiAsia Corp, purchase 230 shares at $1725.00 during a trade that took place back on Mar 12 ’24, which means that Antony Prabhu is holding 230 shares at $396,750 based on the most recent closing price.
Stock Fundamentals for FAAS
The total capital return value is set at -0.05. Equity return is now at value -0.06, with -0.05 for asset returns.
Based on DigiAsia Corp (FAAS), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11.
Currently, EBITDA for the company is 63562.0 with net debt to EBITDA at -5.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.
Conclusion
To sum up, DigiAsia Corp (FAAS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
